Cultural Island Travel Inc
- Assets
- $47.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Great Neck, NY
- Founding
- 12/2014
- Data as of
- 12/2021
- EIN
- 46-2808095
Organization Overview
Cultural Island Travel Inc is located in Great Neck, NY. The organization was established in 2014. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cultural Island Travel Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Cultural Island Travel Inc generated $4.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (57.5%) each year. All expenses for the organization totaled $72.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
CULTURAL EXCHANGE PROGRAM - THIS PROGRAM ALLOWS U.S. CITIZENS TO LEGALLY TRAVEL TO CUBA AND EXPERIENCE ITS UNIQUE HISTORY. THE ORGANIZATION HAS A LICENSE THROUGH THE US TREASURY OFFICE OF FOREIGN ASSETS CONTROL. OUR GOAL IS TO FOSTER MEANINGFUL CULTURAL EXCHANGE BETWEEN CUBANS AND U.S. CITIZENS, WITH AN EMPHASIS ON MUSIC, DANCE, AND VISUAL ART, IN WAYS THAT ARE SURE TO BE UNFORGETTABLE FOR BOTH PARTIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shabnam Samoohi President | 40 | $31,550 | |
Mazal Gavrielov Vice Preside | 0 | $0 | |
Dahlia Lahiji Director | 0 | $0 | |
Teresa Sanchez Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $3,468 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $751 |
| Total Revenue | $4,219 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $35,805 |
| Professional fees and other payments to independent contractors | $1,650 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $66 |
| Other expenses | $35,404 |
| Total expenses | $72,925 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $40,057 |
| Other assets | $0 |
| Total assets | $47,739 |
| Total liabilities | $0 |
| Net assets or fund balances | $47,739 |
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